Article ID Journal Published Year Pages File Type
884219 Journal of Economic Behavior & Organization 2010 10 Pages PDF
Abstract

A number of competing social preference models have been developed inspired by the evidence from economic experiments. We test the relative performance of some of these models using an experimental design that is aimed at capturing pure distributional concerns in a multi-person setting. We find that the individuals in this study are heterogeneous, and that they do not follow any single notion of fairness or inequality aversion. In addition, the results suggest that efficiency concerns are not confined to students of economics, but are important to students of all disciplines.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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